Technical Analysis of the Nasdaq Index
The Nasdaq Index is moving in an uptrend on both the daily and 4-hour timeframes. Prices bounced higher from the 23,750 level, which represents an OB zone on the 4-hour chart and reflects the current internal liquidity. On the 30-minute chart, prices also rebounded clearly from an FVG zone on the 15-minute timeframe. Currently, prices are trading around the 23,880 level, with expectations for further upside during today’s session.

Key Economic News
Markets are closely watching today’s release of the U.S. Consumer Price Index (CPI), which is expected to have a significant impact on financial markets, including the U.S. dollar and stock indices in general.

Liquidity Levels
Prices are expected to rise, targeting 23,970 first, then 24,015, and finally 24,070. The bullish scenario on the 15-minute chart will be invalidated if prices revisit the 23,750 level.